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Author Topic: Can bitcoin make someone the richest in the world?  (Read 2353 times)
CarnagexD
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February 16, 2021, 10:55:46 PM
 #181

Bitcoin has only been in the market for about a decade, so we can safely say it's still in its infancy as of the moment. Nonetheless, what we could guarantee is that it will open doors for everyone who invests in it, especially now that more and more people are getting into the train. It may not make someone the richest person on the planet, but it can definitely aid in making everyone who invests in it rich. Which I believe is better than just having one person at the top.
Being the richest in the world with bitcoin, I don't think I can. Who will compete with Elon Musk as the richest person in the world today. Even the elon company Tesla bought $ 1.5 Million in Bitcoin.
To become the richest in your neighborhood or in your country you probably still can, but you must have a lot of bitcoins from the past when the bitcoin price was under $ 1 and can hold it to this day.

The richest people in the world do not only rely on bitcoin, but have made a lot of investment, they have built many companies, so it is not only from bitcoin that they are the source of their wealth. Bitcoin is only a small part according to them.
Such established individuals will do everything they can to retain their status and position in the society, that is a bigger problem for people who would want to become the richest through bitcoin in my opinion.

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February 16, 2021, 11:45:29 PM
 #182

So lets make some calculation.

Let say you do own 21M of Bitcoin on its current price then you would be having 1 Trillion US dollars but well this is impossible of owning those 21m coins.

Also those richest man in the world isnt really that too far off.

Rank   Billionaire   Wealth (Jan 6, 2021)
#1   Elon Musk   $188 billion
#2   Jeff Bezos   $184 billion
#3   Bill Gates   $132 billion
#4   Bernard Arnault   $114 billion
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February 17, 2021, 07:34:22 PM
 #183

Bitcoin has only been in the market for about a decade, so we can safely say it's still in its infancy as of the moment. Nonetheless, what we could guarantee is that it will open doors for everyone who invests in it, especially now that more and more people are getting into the train. It may not make someone the richest person on the planet, but it can definitely aid in making everyone who invests in it rich. Which I believe is better than just having one person at the top.
~snip~
Such established individuals will do everything they can to retain their status and position in the society, that is a bigger problem for people who would want to become the richest through bitcoin in my opinion.
Elon Musk takes advantage of all kinds of opportunities to make himself more known and increase his wealth assets. For example, with Bitcoin. Ordinary people will not be able to become the richest in the world with just bitcoin because people above like Elons Musk do have to maintain their position. just look at his twitter followers has reached 46 million followers and that's amazing, he is able to control the price of bitcoin or other altcoins easily with just his twitter.
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February 23, 2021, 01:40:45 PM
 #184

yes of course, That person was Satoshi Nakamoto and the founder of bitcoin he was having more than billion of bitcoin in his hand.
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February 23, 2021, 03:16:32 PM
 #185

Ofcourse,But too be beyond any doubt hazard calculate moreover there, that turned out to be a intense challenge and controlled numerous from being the wealthiest through bitcoin, but most as of late Elon musk company detailed contributing over a billion dollars in bitcoin, the enormous bosses have begun to take note, the cost of bitcoin has skyrocketed, in spite of the fact that it cant claim anybody will be wealthiest with bitcoin but I can say numerous individuals are getting wealthy with bitcoin, Bitcoin made more wealthy individuals. In any case, maybe numerous individuals will not uncover their funds with bitcoin as this is often still an region where governments need to control and build up charges.

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February 23, 2021, 06:16:45 PM
 #186

Why not? already there are so many people having many more bitcoin on their hand and think how much $ USD they are belonging. Satoshi nakamoto  he himself has a lot of bitcoin . If you have BTC you are millinior oviusly

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August 19, 2021, 12:16:23 PM
 #187

 why not once this person withdraw money he will be the richest

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August 19, 2021, 01:19:56 PM
 #188

Of course there are, there are already many people in this world who are rich because of investing in bitcoin.  if we look at the price of bitcoin at first it was only $ 1 but now the price of bitcoin has reached $ 45k.  it was so amazing.  People who have long invested in bitcoin are certain to become rich.

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August 19, 2021, 02:34:54 PM
 #189

Of course there are, there are already many people in this world who are rich because of investing in bitcoin.  if we look at the price of bitcoin at first it was only $ 1 but now the price of bitcoin has reached $ 45k.  it was so amazing.  People who have long invested in bitcoin are certain to become rich.
- Not too many people store the first value of bitcoin until now, even they have spent as well as exchanged and given to anyone in the past as a gift, there is no retention criteria, Bitcoin rich people have only appeared in the last few years and honestly, probably only a few billionaires here with bitcoin, not the richest people in the world here, based on the market cap rate is enough for me to determine this problem, bitcoin needs to be higher for the next few years to bring in the richest king


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August 19, 2021, 02:46:15 PM
 #190

Of course there are, there are already many people in this world who are rich because of investing in bitcoin.  if we look at the price of bitcoin at first it was only $ 1 but now the price of bitcoin has reached $ 45k.  it was so amazing.  People who have long invested in bitcoin are certain to become rich.

The size of rich is different every place, if in the USA have $10 million not yet rich, but with $10 million in my country then already rich, with a price of $45k then bitcoin can make me rich if I have at least 200 btc, now I have around 0.0157 btc and wish I could rich if bitcoin price reaches at least $1 million.

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August 19, 2021, 02:48:25 PM
 #191

can bitcoin make someone the richest person in the world,, in my estimation, someone can make people rich with bitcoin, because there is a lot of evidence that we see now, when bitcoin first appeared, it could be said that the price of bitcoin was very low, most likely people who bought bitcoin at that time, is now a rich person..

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August 19, 2021, 03:20:47 PM
 #192

Can bitcoin make someone the richest person in the world? if in the world it seems impossible because in this world many of the richest people are not because of bitcoin or only partially invest their wealth in bitcoin and but not entirely because of bitcoin.
if bitcoin can only make people change their lives for the better individually or can turn them into wealth, it is possible and should be able to distinguish the richest in the world and only the rich, but all of that requires a long process and hard work and intelligence in thinking, because nothing is instant and besides that the richest people in the world have this mindset of the richest people different from ordinary people.

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August 19, 2021, 04:34:26 PM
 #193

I can tell you is what you googled and see that you know, do you ever imagine someone who bought an amount of bitcoin back in 2009 and has never sold, you can't know because they didn't declare their values to the world to know. Is very much possible to become the richest in the world through bitcoin but I don't even care about the richest as far as we have examples of people who have become rich through Bitcoin.

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August 19, 2021, 07:11:07 PM
 #194

Is there any hesitation about it? Of course bitcoin makes a man rich and bitcoin has already proved it. If we think about the price of bitcoin on 5 years back then we will be able to find out the difference from current market place.

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August 19, 2021, 07:45:51 PM
 #195

If you consider the richest man in the world, elon musk a crypto currency investor . He a bitcoin and doge coin holder. He always improving dogecoin by different positive announcement. Satoshi nakamota 44th richest man in the world who the inventor of bitcoin.
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August 20, 2021, 09:01:21 AM
 #196

Yes, it can make you the richest person in the world.
It can also make you nothing. Grin
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August 20, 2021, 09:44:04 AM
 #197

maybe for the current price we can say it is impossible to make someone rich using bitcoin, but we can understand a few years earlier with the bitcoin price level reaching a very high price it is not a very impossible thing to make someone able become a millionaire from the investment results of the crypto world
I disagree, Satoshi has a million in bitcoin since he was the first miner of bitcoin and given the current price of bitcoin, I can already tell you that Satoshi is the richest person in the world right now because he would've around trillions of dollars.
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August 20, 2021, 10:00:28 AM
 #198

Quote
Is there any way someone can use bitcoin to invest and become the richest in the world?
That is the ambition of everyone in this world. Not just investing in bitcoin but any other form of sustainability and the possibility of profit. we have heard about real estate, gold, stocks,...etc. Until bitcoin becomes a preferred type to look for opportunities. I came to bitcoin with that same hope, but it will take a long time to achieve, but I still follow my dream step by step. I don't hope to become the richest person in the world, I just hope it achieves a big change in my life. Lol

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August 20, 2021, 10:14:41 AM
 #199

If you want to determine the richest person in the World, you should try to understand or know who owns this Earth. I think he/she/they should have the power to control the affair of the world. How are you sure he/she is not a Bitcoin user and cares alot about Bitcoin? I definitely think he/she exist and is a Bitcoin user.

By the way, the CREATOR of Heaven and Earth makes you Rich (True Riches) not Bitcoin
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August 20, 2021, 10:37:57 AM
 #200

If you want to determine the richest person in the World, you should try to understand or know who owns this Earth. I think he/she/they should have the power to control the affair of the world. How are you sure he/she is not a Bitcoin user and cares alot about Bitcoin? I definitely think he/she exist and is a Bitcoin user.

By the way, the CREATOR of Heaven and Earth makes you Rich (True Riches) not Bitcoin
Lets skip about that divine manner and stick out on what we are talking about riches in terms of money and i dont really believe much about those rankings which we can see on world ranks.
There would really be those people who are more richer than on to those who are on the list and making someone richest in the world through bitcoin? Of course it could really make him
be on the ranks basing on how much he do possess and how much is the value of bitcoin but wont still be able to beat out into those people who are sitting on the elite ranking which
are totally anonymous or hadnt been known yet.
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